Swift Energy Company: 1995 Form 10-K, Consolidated Balance Sheets

	December 31,	December 31,
	1995	1994


Current Liabilities:
Short-term bank borrowings	$ --	$ 27,229,000
Accounts payable and accrued liabilities	23,075,982	9,516,005
Payable to associated limited partnerships	16,983	637,991
Undistributed oil and gas revenues	17,040,304	14,962,863
	----------------------	----------------------
Total Current Liabilities	40,133,269	52,345,859
	----------------------	----------------------

Long-Term Debt	28,750,000	28,750,000
Deferred Revenues	6,063,467	7,827,562
Deferred Income Taxes	6,960,006	4,622,191

Commitments and Contingencies

Stockholders' Equity:
Preferred stock, $.01 par value, 5,000,000 shares authorized,
none outstanding	--	--
Common stock, $.01 par value, 35,000,000 shares authorized,
12,509,700 and 6,685,137 shares issued and
outstanding, respectively	125,097	66,851
Additional paid-in capital	71,133,979	24,885,903
Retained earnings	22,086,889	17,174,377
	----------------------	----------------------
	93,345,965	42,127,131
	----------------------	----------------------
	$ 175,252,707	$ 135,672,743
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